Omnicell Stock Alpha and Beta Analysis
| OMCL Stock | USD 27.61 0.44 1.62% |
This module allows you to check different measures of market premium (i.e., alpha and beta) for all equities such as Omnicell. It also helps investors analyze the systematic and unsystematic risks associated with investing in Omnicell over a specified time horizon. Remember, high Omnicell's alpha is almost always a sign of good performance; however, a high beta will depend on investors' risk tolerance level and may signal increased volatility and potential future overvaluation. Key technical indicators related to Omnicell's market risk premium analysis include:
Beta 1.26 | Alpha (0.44) | Risk 2.76 | Sharpe Ratio (0.07) | Expected Return (0.20) |
Alpha is a measure of relative performance on a risk-adjusted basis, while beta measures volatility against the benchmark. The goal is to know if an investor is being compensated for the volatility risk taken. The return on investment might be better than its reference but still not compensate for the assumption of the risk.
Omnicell |
Omnicell Market Premiums
Investors always prefer to have the highest possible return on investment, coupled with the lowest possible volatility. Omnicell market risk premium is the additional return an investor will receive from holding Omnicell long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Omnicell. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Alpha and beta are two of the key measurements used to evaluate Omnicell's performance over market.| α | -0.44 | β | 1.26 |
Omnicell expected buy-and-hold returns
Although buy-and-hold investment strategy may not appeal to all investors, it may be used as a good measure of Omnicell's Buy-and-hold return. Our buy-and-hold chart shows how Omnicell performed over your current time horizon against a typical interest-earning bank account and a selected benchmark.Omnicell Market Price Analysis
Market price analysis indicators help investors to evaluate how Omnicell stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Omnicell shares will generate the highest return on investment. By understating and applying Omnicell stock market price indicators, traders can identify Omnicell position entry and exit signals to maximize returns.
Omnicell Return and Market Media
The median price of Omnicell for the period between Fri, Feb 2, 2024 and Thu, May 2, 2024 is 27.86 with a coefficient of variation of 6.78. The daily time series for the period is distributed with a sample standard deviation of 1.92, arithmetic mean of 28.36, and mean deviation of 1.3. The Stock received substential amount of media coverage during this period. Price Growth (%) |
| Timeline |
1 | Omnicell Tops Q4 Earnings and Revenue Estimates | 02/08/2024 |
2 | Disposition of 138 shares by Joseph Spears of Omnicell at 28.3 subject to Rule 16b-3 | 02/15/2024 |
3 | Acquisition by Randall Lipps of 107251 shares of Omnicell subject to Rule 16b-3 | 02/27/2024 |
4 | 9076 Shares in Omnicell, Inc. Acquired by Envestnet Portfolio Solutions Inc. - AmericanBankingNEWS | 02/28/2024 |
5 | Omnicell, Inc. Position Trimmed by Wellington Management Group LLP - Defense World | 03/18/2024 |
6 | An Intrinsic Calculation For Omnicell, Inc. Suggests Its 29 percent Undervalued | 03/28/2024 |
7 | Ceribell Appoints Sean Manni as Senior Vice President of Sales | 04/02/2024 |
8 | Disposition of 222 shares by Corey Manley of Omnicell at 38.26 subject to Rule 16b-3 | 04/04/2024 |
9 | Commit To Buy Omnicell At 15, Earn 5.6 percent Annualized Using Options - Nasdaq | 04/05/2024 |
10 | Omnicell launches XT Amplify to enhance dispensing system | 04/16/2024 |
11 | Clover Health Appoints Healthcare Technology Veteran Peter Kuipers as Chief Financial Officer | 04/22/2024 |
12 | Acquisition by Corey Manley of 31965 shares of Omnicell subject to Rule 16b-3 | 04/23/2024 |
About Omnicell Beta and Alpha
For many years both, Alpha and Beta indicators are used by professional money managers as critical performance measurement tools across virtually all financial instruments including Omnicell or other stocks. Alpha measures the amount that position in Omnicell has returned in comparison to a selected market index or another relevant benchmark. In other words, Alpha is the excess return on an investment relative to the performance of your selected benchmark. Beta, on the other hand, measures the relative risk of your investment.
| 2021 | 2022 | 2023 | 2024 (projected) | Payables Turnover | 8.07 | 11.15 | 14.37 | 8.19 | Days Of Inventory On Hand | 75.81 | 76.18 | 62.09 | 85.21 |
Omnicell Upcoming Company Events
As portrayed in its financial statements, the presentation of Omnicell's financial position is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Omnicell's leadership is honest, while the outside auditors are strict and uncompromising. Whatever the case, investors should always follow all of Omnicell's public filing events to personally review all filings and be reasonable and skeptical to interpret all of the financial statements of Omnicell. Please utilize our Beneish M Score to check the likelihood of Omnicell's management manipulating its earnings.
| 8th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 8th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Build Portfolio with Omnicell
Your optimized portfolios are the building block of your wealth. We provide an intuitive interface to determine which securities in a portfolio should be removed or rebalanced to achieve better diversification, find the right mix of securities that minimizes portfolio risk for a given return, or maximize portfolio expected return for a given risk level.Build Diversified Portfolios
Align your risk with return expectations
Check out Omnicell Backtesting, Omnicell Valuation, Omnicell Correlation, Omnicell Hype Analysis, Omnicell Volatility, Omnicell History and analyze Omnicell Performance. For more information on how to buy Omnicell Stock please use our How to buy in Omnicell Stock guide.Note that the Omnicell information on this page should be used as a complementary analysis to other Omnicell's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Omnicell Stock analysis
When running Omnicell's price analysis, check to measure Omnicell's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Omnicell is operating at the current time. Most of Omnicell's value examination focuses on studying past and present price action to predict the probability of Omnicell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omnicell's price. Additionally, you may evaluate how the addition of Omnicell to your portfolios can decrease your overall portfolio volatility.
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Omnicell technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.